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        <AddressLine1>16401 NW 37 AVENUE</AddressLine1>
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      <ContractorCompensation>
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        <BookValue>1887143</BookValue>
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        <Depreciation>-15524902</Depreciation>
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        <OtherCostOrOtherBasis>8930224</OtherCostOrOtherBasis>
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        <BookValue>3182642</BookValue>
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      <TotalOfBookValueLandBuildings>48398617</TotalOfBookValueLandBuildings>
      <InvestmentsProgramRelated>
        <Description>PERKINS LOAN</Description>
        <BookValue>3178573</BookValue>
        <MethodOfValuation>F</MethodOfValuation>
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      <TotalOfBookValueProgramRelated>3178573</TotalOfBookValueProgramRelated>
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      <OtherAssets>
        <Description>BOOKSTORE GIFT CARDS</Description>
        <BookValue>38630</BookValue>
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      <OtherAssets>
        <Description>UNAMORTIZED BOND ISSUE COST</Description>
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        <Description>PERKINS LOAN</Description>
        <Amount>3047469</Amount>
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      <OtherLiabilities>
        <Description>DEPOSITS IN CUSTODY</Description>
        <Amount>400416</Amount>
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      <OtherLiabilities>
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        <Amount>199872</Amount>
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      <OtherLiabilities>
        <Description>DEFERRED COMPENSATION</Description>
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      <MaintCopiesOfAllSolicitations>true</MaintCopiesOfAllSolicitations>
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      <DiscriminateRaceAdmissPolicies>false</DiscriminateRaceAdmissPolicies>
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      <DiscriminateRaceScholarships>false</DiscriminateRaceScholarships>
      <DiscriminateRaceEducPolicies>false</DiscriminateRaceEducPolicies>
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      <DiscriminateRaceAthleticProg>false</DiscriminateRaceAthleticProg>
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      <GovernmentFinancialAidRevoked>false</GovernmentFinancialAidRevoked>
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      <SolicitationOfNonGovtGrants>X</SolicitationOfNonGovtGrants>
      <SolicitationOfGovtGrants>X</SolicitationOfGovtGrants>
      <SpecialFundraisingEvents>X</SpecialFundraisingEvents>
      <AgreementRefFundraising>true</AgreementRefFundraising>
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        <FundraiserControlOfFunds>false</FundraiserControlOfFunds>
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      <TotalNetToOrganization>90000</TotalNetToOrganization>
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        <CharitableContributionsEvent1>84166</CharitableContributionsEvent1>
        <GrossRevenueEvent1>60765</GrossRevenueEvent1>
        <NonCashPrizesEvent1>10124</NonCashPrizesEvent1>
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        <NumberOfContributions>15</NumberOfContributions>
        <NoncashContribsRptdF990>2540</NoncashContribsRptdF990>
        <MethodOfDeterminingRevenues>SALES PRICE</MethodOfDeterminingRevenues>
      </OtherNonCashContributionsTable>
      <OtherNonCashContributionsTable>
        <NonCashCheckbox>X</NonCashCheckbox>
        <Description>HOTELS</Description>
        <NumberOfContributions>5</NumberOfContributions>
        <NoncashContribsRptdF990>3050</NoncashContribsRptdF990>
        <MethodOfDeterminingRevenues>SALES PRICE</MethodOfDeterminingRevenues>
      </OtherNonCashContributionsTable>
      <AnyPropertyThatMustBeHeld>false</AnyPropertyThatMustBeHeld>
      <ReviewProcessUnusualNCGifts>false</ReviewProcessUnusualNCGifts>
      <ThirdPartiesUsed>false</ThirdPartiesUsed>
    </IRS990ScheduleM>
    <IRS990ScheduleO documentId="RetDoc4">
      <GeneralExplanation>
        <Explanation>FORM 990 PART VI QUESTION 2 REV. MSGR. FRANKLYN CASALE IS A MEMBER OF THE BOARD OF TRUSTEES AND IS ALSO EMPLOYED BY THE UNIVERSITY AS PRESIDENT. MR. DOMINIC MINIACI IS A MEMBER OF THE BOARD OF TRUSTEES AND HIS FAMILY BUSINESS PARAMOUNT COFFEE SERVICES HAS A CONTRACT WITH ST. THOMAS UNIVERSITY ON A COMPETITIVE BID PROCESS. ST. THOMAS UNIVERSITY PAID PARAMOUNT COFFEE SERVICES 36386 DURING FISCAL YEAR 2011. FORM 990 PART VI QUESTION 7B POWERS RESERVED TO THE CORPORATE MEMBER (THE ARCHBISHOP OF MIAMI) CAN BE STATED AS FOLLOWS 1. APPROVAL OF THE ARTICULATION OF THE MISSION. 2. APPROVAL OF THE SALE OR ENCUMBRANCE OF THE UNIVERSITY'S REAL PROPERTY. 3. APPROVAL OF THE APPOINTMENT AND REMOVAL OF TRUSTEES. 4. APPROVAL OF THE APPOINTMENT AND REMOVAL OF THE PRESIDENT. 5. APPROVAL OF THE APPOINTMENT OF LEGAL COUNSEL AND OUTSIDE AUDITOR OF THE UNIVERSITY. NOTE THAT SUBJECT TO THIS LIMITED APPROVAL POWER THE BOARD OF TRUSTEES HAS - PURSUANT TO THE BYLAWS - THE POWER TO APPOINT AND REMOVE TRUSTEES AND THE POWER TO APPOINT AND REMOVE THE PRESIDENT AS WELL AS BROAD AUTHORITY OF OVERALL GOVERNANCE OVER THE AFFAIRS AND POLICY OF THE UNIVERSITY. FORM 990 PART VI QUESTION 11 TAX RETURN IS EMAILED TO BOARD OF TRUSTEES MEMBERS FOR REVIEW AND COMMENTS BEFORE FILING. FORM 990 PART VI QUESTION 12C THE CONFLICT OF INTEREST STATEMENT IS SENT OUT BY HUMAN RESOURCES AT THE BEGINNING OF EACH SCHOOL YEAR. IT IS MANDATORY FOR ALL TRUSTEES OFFICERS FACULTY AND ADMINISTRATION TO SIGN THE STATEMENT AND IF APPLICABLE TO DISCLOSE INFORMATION WHICH MAY BE CONSIDERED A CONFLIC OF INTEREST. IN THE CASE OF FACULTY AND ADMINISTRATION IT IS UP TO THE DEPARTMENT VP OR THE PROVOST TO HAVE A CONVERSATION WITH THE EMPLOYEE TO DETERMINE IF A CONFLICT DOES EXIST AND TO COME UP WITH SOLUTIONS TO RESOLVE THE CONFLICT. THE SIGNED STATEMENTS ARE MAINTAINED IN THE OFFICE OF HUMAN RESOURCES. FAILURE TO SUBMIT A CONFLICT OF INTEREST STATEMENT MAY CONSTITUTE CAUSE FOR DISMISSAL. FORM 990 PART VI QUESTION 15B COMPENSATION FOR OFFICERS AND KEY EMPLOYEES MAY BE DETERMINED BY USE OF COMPENSATION SURVEYS AND MARKET ANALYSIS. GENERALLY SALARIES ARE ESTABLISHED BY THE PRESIDENT OF THE UNIVERSITY OR THE DEPARTMENT DEANS WITH THE CONSENT OF THE PRESIDENT. A WRITTEN EMPLOYMENT CONTRACT IS GIVEN TO THE EMPLOYEES. OFFICERS' COMPENSATION IS REVIEWED ANNUALLY BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. FORM 990 PART VI QUESTION 19 SUCH DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990 PART XI 5 OTHER CHANGES IN NET ASSETS ARE COMPRISED OF 1952544 OF UNREALIZED INVESTMENTS GAINS.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
  </ReturnData>
</Return>